From Carnegie to Claude: AI wealth could reshape philanthropy
Anthropic plans to allocate 5% of its shares to a new public benefit fund, potentially worth US$100 billion if its valuation reaches US$2 trillion in a stock market debut expected as early as November.
A new wave of American wealth generated by artificial intelligence companies may produce some of the largest charitable donations since the era of Andrew Carnegie and John D. Rockefeller, sparking debates over the allocation of these resources. Anthropic, the creator of the Claude chatbot, has pledged 5% of its shares to a new Anthropic Public Benefit Fund, which could be valued at approximately US$100 billion if the company reaches the anticipated US$2 trillion valuation during its stock market debut in November.
This commitment, combined with pledges from the founders to donate 80% of their equity and a program matching employees’ donations, suggests that roughly a fifth of Anthropic's shares will be dedicated to public-benefit purposes.
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- From Carnegie to Claude: AI wealth could reshape philanthropy freemalaysiatoday.com
- From Carnegie to Claude: AI wealth could reshape philanthropy japantimes.co.jp
